Also, if the MIBAM grants the right to exploit the copper
contained in the Las Cristinas deposits to a third party, or if the MIBAM grants the right
to exploit the copper contained in the Las Cristinas deposits to the CVG and the CVG
grants the right to exploit the copper to a third party, there can be no assurance that the
Company will be successful under Venezuelan law in asserting that its right to exploit
the gold contained in the Las Cristinas deposits takes precedence over the third party’s
right to exploit the copper.

Interesting factoid numero deux